Ethic 501 Case 1

ETH 501 CASE MODULE 1

Read Cases from the Real World: Competition and the Markers of Business Success, found in the following:

Byars, S., & Stanberry, K. (2018). Why ethics matter, chapter 1. Business Ethics. Rice University, OpenStax. Retrieved from http://cnx.org/content/col25722/1.3 pg. 15. CC BY 4.0 license.

Carlson, R. (2019). What Bernie Madoff did and who he defrauded. Retrieved from https://www.thebalancesmb.com/bernard-madoff-and-his-ponzi-scheme-393095

Cold Fusion (2019). The Man Who Stole $65 billion (Bernie Madoff). Retrieved from https://www.youtube.com/watch?v=gDqGSmTPtOQ

Case Assignment

Address the following in a 3- to 4-page essay, demonstrating your critical-thinking skills:

· Discuss Warren Buffett’s approach to business dealings, especially as they relate to business ethics.

· Compare that approach to Bernie Madoff’s.

· Apply ethical philosophies that you have learned about in this Module and state which you think apply to Mr. Buffett.

· Which ethical philosophies apply to Mr. Madoff? Why?

Create a table where you compare and contrast these two investors from an ethical standpoint. Be sure to discuss your table in your paper.

Write a well-integrated paper with a strong introduction and conclusion, and use a few section headings (i.e., do not simply follow a Q & A format).